20VC: Why Financial Planning and Goals Do Not Work, The Decision to Ban Politics in the Workplace and Losing 1/3 of the Team Overnight & The One Question That Will Drive All Decision-Making for Leaders with Jason Fried, CEO @ 37Signals
This podcast episode, featuring Jason Fried and David Heinemeier Hansson, founders of Basecamp, explores their entrepreneurial journey, business strategies, their views on leadership, and decision-making processes. They emphasize the importance of independence, profitability, and personal fulfillment in business success, rejecting the idea of using goals and metrics to measure performance. They discuss the challenges faced by SaaS companies in an uncertain economy, the decision to prohibit politics in the workplace, and the lessons learned from difficult decisions. The episode also delves into the dynamics of friendship and partnership, highlighting the significance of disagreements, commitment, and shared values. Jason shares his experience with mushrooms and the changed perspective it gave him on the world. He also expresses his support for founders taking secondaries as a way to mitigate risk and reward founders for their efforts. The episode concludes with Jason's attitude towards risk-taking and his long-term plans, emphasizing his preference for consulting work and his appreciation for Harry's insightful discussion.
